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PLTR signals over bought
Palantir Technologies Inc.
Short
PLTR signals over bought
By ratchet-mint
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Sep 17
3
Sep 17
PLTR breaks above its upward trend signaling that it is over bought and poised for a possible reversal
When stock is trending upwards steadily, seeing it break above its upward trend is a sign of price exhaustion
when this occurs we usually a experience a reversal shortly after
sometimes stocks going really far into overbought zones before finally turning around.
We see the last 2 hours of trading, the stock started selling off when smart money was in control indicating that the stock was too expensive
Candlestick Analysis
PLTR
Support and Resistance
ratchet-mint
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